You guys are all over-thinking this, I think.Fannie Mae and the mortgage industry follows the same federal fair housing laws that everyone else does, and she wouldn't be doing business in any state where her guidelines break the local laws.

Contact the local community banks.

@Damein White Positing in the classifieds section of BiggerPockets, looking at the events & meetups page of BiggerPockets, and checking out Meetup.com can be great ways to find and network with local investors

Local investor/agent here!

I can't say if they'll beat that rate, but keeping it local has been good for me overall. 

In October and November, the two largest funding rounds went to local tech companies operating in the defense space.

Aloha Mary,  if you need local tax assistance, Gorden from Tax Services of Hawaii is a great resource.   

Investors, (two of us) ultimately funded about 32% of the project with cash and additional money was raised from members of the local REIA, simply by word of mouth.

I would also check Zillow so you can scroll through pictures and see what the conditions of each unit being advertised are.

cash flow can decrease.I recommend everyone start in their local market whether that is a cash flow market or appreciation market.